No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exercise.
Appears in 203 contracts
Samples: Underwriting Agreement (Unusual Machines, Inc.), Securities Agreement (EON Resources Inc.), Warrant Agreement (Luxurban Hotels Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, that would otherwise be issuable, the number of Warrant Shares to be issued shall be rounded down to the next whole number and the Company shall pay the Holder in cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market fair market value (based on the date of exerciseClosing Sale Price) for any such fractional shares.
Appears in 80 contracts
Samples: Warrant Agreement (Cidara Therapeutics, Inc.), Share Surrender and Warrant Agreement (Zura Bio LTD), Pre Funded Warrant to Purchase Common Stock (Elicio Therapeutics, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, that would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exerciseExercise Date.
Appears in 51 contracts
Samples: Common Stock Purchase Warrant (Firefly Neuroscience, Inc.), Common Shares Purchase Warrant (RoyaLand Co Ltd.), Warrant Agreement (CohBar, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will may be issued in connection with upon any exercise of this Warrant, and any fractions shall be rounded down to the nearest whole number of shares. In lieu If upon any exercise of any fractional shares which would, otherwise be issuablethis Warrant a fraction of a share results, the Company shall will pay the cash equal to the product value of any such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market fractional share, calculated on the date basis of exercisethe Warrant Price.
Appears in 22 contracts
Samples: Warrant Agreement (Heliogen, Inc.), Warrant Agreement (Heliogen, Inc.), Warrant Agreement (G1 Therapeutics, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this a Warrant. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market Price on the date Date of exerciseExercise.
Appears in 19 contracts
Samples: Warrant Agreement, Warrant Agreement, Warrant Agreement (BIND Therapeutics, Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this a Warrant. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exerciseExercise Price.
Appears in 16 contracts
Samples: Warrant Agent Agreement (Grom Social Enterprises, Inc.), Warrant Agent Agreement (Grom Social Enterprises, Inc.), Warrant Agent Agreement (Protagenic Therapeutics, Inc.\new)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price Closing Price of one Warrant Share as reported by the applicable Trading Market on the date of exercise.
Appears in 16 contracts
Samples: Common Stock and Warrant Purchase Agreement (Invicta Media Investments, LLC), Common Stock and Warrant Purchase Agreement (Invicta Media Investments, LLC), Common Stock and Warrant Purchase Agreement (iMedia Brands, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exercise.
Appears in 16 contracts
Samples: Warrant Agreement (MYnd Analytics, Inc.), Underwriting Agreement (Cerecor Inc.), Underwriting Agreement (Cerecor Inc.)
No Fractional Shares. No fractional shares of Warrant Shares Stock will be issued in connection with any exercise of this Warrantsubscription hereunder. In lieu of any fractional shares which would, that would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price fair market value of one share of Warrant Share as reported by the applicable Trading Market Stock on the date of exercise, as determined in good faith by the Company’s Board of Directors.
Appears in 14 contracts
Samples: Warrant Agreement (PhaseBio Pharmaceuticals Inc), Preferred Stock Purchase Warrant (Obalon Therapeutics Inc), Warrant Agreement (Clearside Biomedical, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date Date of exerciseExercise.
Appears in 14 contracts
Samples: Warrant Agreement (Catasys, Inc.), Warrant Agreement (Catasys, Inc.), Warrant Agreement (Catasys, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by on the applicable Trading Nasdaq National Market on the date of exercise.
Appears in 13 contracts
Samples: Securities Purchase Agreement (Genelabs Technologies Inc /Ca), Securities Agreement (American Technology Corp /De/), Securities Agreement (American Technology Corp /De/)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing sale price of one Warrant Share as reported by the applicable Trading Market on the date of exercise.
Appears in 13 contracts
Samples: Securities Agreement (Emrise CORP), Securities Agreement (Emrise CORP), Securities Agreement (Emrise CORP)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by Bloomberg L.P. (or the applicable Trading Market successor to its function of reporting share prices) on the date of exercise.
Appears in 12 contracts
Samples: Warrant Agreement (Nova Biosource Fuels, Inc.), Warrant Agreement (Nova Biosource Fuels, Inc.), Securities Agreement (Valentis Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, would otherwise be issuable, the Company number of Warrant Shares to be issued shall pay cash equal be rounded up to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exercisenext whole number.
Appears in 10 contracts
Samples: Credit Facility Agreement (Mobivity Holdings Corp.), Credit Facility Agreement (Mobivity Holdings Corp.), Credit Facility Agreement (Mobivity Holdings Corp.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing bid price of one Warrant Share as reported by on the applicable Trading Nasdaq National Market on the date of exercise.
Appears in 10 contracts
Samples: Severance Agreement (Millennium Cell Inc), Securities Agreement (Millennium Cell Inc), Securities Agreement (Millennium Cell Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, that would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exerciseapplicable Exercise Date.
Appears in 9 contracts
Samples: Securities Purchase Agreement (EZTD Inc), Warrant Agreement (EZTD Inc), Warrant Agreement (EZTD Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share share of Common Stock as reported by the applicable Trading Market on the date of exercise, or round up to the nearest whole share of Common Stock.
Appears in 9 contracts
Samples: Securities Agreement (Massimo Group), Securities Agreement (Massimo Group), Securities Agreement (Massimo Group)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which that would, otherwise be issuable, the number of Warrant Shares to be issued shall be rounded down to the next whole number and the Company shall pay the Holder in cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market fair market value (based on the date of exerciseClosing Sale Price) for any such fractional shares.
Appears in 8 contracts
Samples: Securities Purchase Agreement (Shuttle Pharmaceuticals Holdings, Inc.), Settlement Agreement (PARETEUM Corp), Security Agreement (Sunshine Heart, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares Stock will be issued in connection with any exercise of this Warranthereunder. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price fair market value of one share of Warrant Share as reported by the applicable Trading Market Stock on the date of exercise, as determined in good faith by the Company’s Board of Directors.
Appears in 7 contracts
Samples: Series a Preferred Stock Purchase Agreement (zSpace, Inc.), Subordinated Convertible Promissory Note and Warrant Purchase Agreement (Aclarion, Inc.), Subordinated Convertible Promissory Note and Warrant Purchase Agreement (Aclarion, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price VWAP of one Warrant Share as reported by the applicable shares of Common Stock for the 5 Trading Market on Day period immediately preceding the date Date of exerciseExercise.
Appears in 7 contracts
Samples: Securities Agreement (InsPro Technologies Corp), Securities Agreement (InsPro Technologies Corp), Warrant Agreement (InsPro Technologies Corp)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share share of Common Stock as reported by the applicable Trading Market on the date of exercise.
Appears in 6 contracts
Samples: Securities Agreement (Digital Recorders Inc), Securities Agreement (Digital Recorders Inc), Securities Agreement (Digital Recorders Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, that would otherwise be issuable, the number of Warrant Shares to be issued shall be rounded down to the next whole number and the Company shall pay the Holder in cash equal to the product fair market value (based on the last VWAP immediately preceding the time of such fraction multiplied by the closing price delivery of one Warrant Share as reported by the applicable Trading Market on the date of exerciseExercise Notice) for any such fractional shares.
Appears in 6 contracts
Samples: Underwriting Agreement (Tarsus Pharmaceuticals, Inc.), Underwriting Agreement (Cibus, Inc.), Pre Funded Warrant to Purchase Common Stock (Janux Therapeutics, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by on the applicable Trading Market American Stock Exchange on the date of exercise.
Appears in 6 contracts
Samples: Warrant Agreement (E Digital Corp), Securities Agreement (Microislet Inc), Securities Agreement (Microislet Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the number of Warrant Shares to be issued shall be rounded down to the next whole number and the Company shall pay the Holder in cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market fair market value (based on the date of exerciseClosing Sale Price) for any such fractional shares.
Appears in 6 contracts
Samples: Standby Bridge Financing Agreement (Jaguar Animal Health, Inc.), Exchange Warrant (Jaguar Animal Health, Inc.), Exchange Warrant (Jaguar Animal Health, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market American Stock Exchange or such other national exchange on which the Common Stock is then traded on the date of exercise.
Appears in 6 contracts
Samples: Securities Purchase Agreement (Biosante Pharmaceuticals Inc), Securities Purchase Agreement (Biosante Pharmaceuticals Inc), Securities Agreement (Biosante Pharmaceuticals Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price Fair Market Value of one share of Warrant Share as reported by the applicable Trading Market on the date of exerciseStock.
Appears in 6 contracts
Samples: Securities Purchase Agreement (ARYx Therapeutics, Inc.), Securities Purchase Agreement (Targeted Genetics Corp /Wa/), Warrant Agreement (NeurogesX Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be -------------------- issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price Closing Price of one Warrant Share as reported by on the applicable Trading Eligible Market on the date of exercise.
Appears in 6 contracts
Samples: Securities Agreement (Questcor Pharmaceuticals Inc), Securities Agreement (Questcor Pharmaceuticals Inc), Securities Agreement (Questcor Pharmaceuticals Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by on the applicable Trading Market OTC, any stock exchange, market or trading facility on which the Common Stock is then listed on the date of exercise.
Appears in 6 contracts
Samples: Securities Agreement (Syscan Imaging Inc), Securities Agreement (Harrison Paul W), Securities Agreement (Harrison Paul W)
No Fractional Shares. No fractional shares of Warrant Shares Stock will be issued in connection with any exercise of this Warranthereunder. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price fair market value of one share of Warrant Share as reported by the applicable Trading Market Stock on the date of exercise, as determined in accordance with Section 2(d)(ii) hereof.
Appears in 6 contracts
Samples: Warrant Agreement (Klaviyo, Inc.), Warrant Agreement (Klaviyo, Inc.), Warrant Agreement (Klaviyo, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, that would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market trading market on the date Exercise Date, or if there is no trading market for the Common Stock, the product of exercisesuch fraction multiplied by the then fair market value of one Warrant Share as reasonably determined by the Board of Directors of the Company.
Appears in 5 contracts
Samples: Common Stock Purchase Warrant (Victory Oilfield Tech, Inc.), Common Stock Purchase Warrant (Victory Oilfield Tech, Inc.), Common Stock Purchase Warrant (Victory Oilfield Tech, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares Securities will be issued in connection with any exercise of this Warrantthese Warrants. In lieu of any fractional shares shares, which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share share of Common Stock as reported by the applicable Trading Market on the date of exercise.
Appears in 5 contracts
Samples: Stock and Warrant Purchase Agreement (PharmaCyte Biotech, Inc.), Securities Agreement (PharmaCyte Biotech, Inc.), Stock and Warrant Purchase Agreement (PharmaCyte Biotech, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exercise.
Appears in 5 contracts
Samples: Warrant Agreement (Wolverine Tube Inc), Securities Agreement (Access Integrated Technologies Inc), Securities Agreement (Access Integrated Technologies Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this any Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall shall, at its election, either pay cash equal to the product of such fraction multiplied by the closing price Closing Price of one Warrant Share as reported by the applicable Trading Market on the date of exerciseexercise or round up to the next whole share.
Appears in 5 contracts
Samples: Warrant Agreement, Warrant Agreement (NXT-Id, Inc.), Purchase Agreement (Bacterin International Holdings, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, that would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market trading market on the date of exerciseExercise Date.
Appears in 5 contracts
Samples: Warrant Agreement (Weikang Bio-Technology Group Co., Inc.), Warrant Agreement (Weikang Bio-Technology Group Co., Inc.), Warrant Agreement (Weikang Bio-Technology Group Co., Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall shall, at its election, either pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exerciseexercise or round to the nearest whole share.
Appears in 5 contracts
Samples: Underwriters' Warrant Agreement (Chromocell Therapeutics Corp), Underwriters' Warrant Agreement (Chromocell Therapeutics Corp), Purchase Warrant (BrilliA Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exercise.
Appears in 4 contracts
Samples: Securities Agreement (Stratos Renewables CORP), Securities Agreement (New Design Cabinets, Inc.), Securities Agreement (New Design Cabinets, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall may (a) pay cash equal to the product of such fraction multiplied by the closing price Closing Price of one Warrant Share as reported by the applicable Trading Market on the date of exercise; or (b) round up the amount of any fractional share to the next highest whole number of shares.
Appears in 4 contracts
Samples: Placement Agency Agreement, Common Stock and Warrant Purchase Agreement (Pacific Grove Capital LP), Placement Agency Agreement (Monaker Group, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares shares, which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing bid price of one Warrant Share as reported by the applicable Trading Market on the date AMEX National Market (or other exchange or trading medium on which Warrant Shares are than listed or quoted) on the Date of exerciseExercise.
Appears in 4 contracts
Samples: Securities Agreement (DHB Industries Inc), Securities Agreement (DHB Industries Inc), Securities Agreement (DHB Industries Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, that would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share the Company’s Common Stock as reported by the applicable Trading Market on the date of exerciseExercise Date.
Appears in 4 contracts
Samples: Common Stock Purchase Warrant (You on Demand Holdings, Inc.), Common Stock Purchase Warrant (China Broadband Inc), Common Stock Purchase Warrant (China Broadband Inc)
No Fractional Shares. No fractional shares of Warrant Shares will -------------------- be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exercise.
Appears in 3 contracts
Samples: Securities Agreement (Zoltek Companies Inc), Securities Agreement (Zoltek Companies Inc), Securities Agreement (Zoltek Companies Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share share of Common Stock as reported by on the applicable principal Trading Market on the date of exercise.
Appears in 3 contracts
Samples: Warrant Agreement (Microislet Inc), Warrant Agreement (Microislet Inc), Warrant Agreement (Microislet Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date Date of exerciseExercise.
Appears in 3 contracts
Samples: Securities Agreement (FTE Networks, Inc.), Securities Agreement (Kintera Inc), Securities Purchase Agreement (Kintera Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, that would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exerciseexercise price.
Appears in 3 contracts
Samples: Warrant Agreement (Reticulate Micro, Inc.), Warrant Agreement (Reticulate Micro, Inc.), Warrant Agreement (Reticulate Micro, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, that would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market trading market on the date Exercise Date, or if there is no trading market for the Ordinary Shares, the product of exercisesuch fraction multiplied by the then fair market value of one Warrant Share as reasonably determined by the Board of Directors of the Company.
Appears in 3 contracts
Samples: Warrant Agreement (Taoping Inc.), Warrant Agreement (Taoping Inc.), Warrant Agreement (Taoping Inc.)
No Fractional Shares. No fractional shares of Warrant Shares Stock will be issued in connection with any exercise of this Warrantsubscription hereunder. In lieu of any fractional shares which would, that would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price fair market value of one share of Warrant Share as reported by the applicable Trading Market Stock on the date of exercise, as determined in good faith by the Company's Board of Directors.
Appears in 3 contracts
Samples: Internet Development, Marketing and Distribution Agreement (Buildnet Inc), Warrant Agreement (Buildnet Inc), Warrant Agreement (Buildnet Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price Fair Market Value of one Warrant Share as reported by the applicable Trading Market on the date of exerciseShare.
Appears in 3 contracts
Samples: Warrant Agreement (Bellerophon Therapeutics, Inc.), Warrant Agreement (Caladrius Biosciences, Inc.), Warrant Agreement (Puissance Cross-Border Opportunities III LLC)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, that would otherwise be issuable, the number of Warrant Shares to be issued shall be rounded down to the next whole number and the Company shall pay the Holder in cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market fair market value (based on the date of exerciseClosing Sale Price) for any such fractional shares; provided, however, the Company shall not be required to pay an amount for any fractional share less than $100.
Appears in 3 contracts
Samples: Security Agreement (Beyond Air, Inc.), Securities Agreement (Beyond Air, Inc.), Security Agreement (Beyond Air, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, that would otherwise be issuable, the number of Warrant Shares to be issued shall be rounded down to the next whole number and the Company shall pay the Holder in cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market fair market value (based on the date of exerciseVWAP) for any such fractional shares.
Appears in 3 contracts
Samples: Purchase Agreement (Aptevo Therapeutics Inc.), Warrant Agreement (Novan, Inc.), Underwriting Agreement (Novan, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date principal securities exchange on which the Common Stock is traded on the Date of exerciseExercise.
Appears in 3 contracts
Samples: Securities Agreement (Sg Blocks, Inc.), Securities Agreement (Sg Blocks, Inc.), Securities Agreement (Smartserv Online Inc)
No Fractional Shares. No fractional shares of Warrant Shares -------------------- will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exercise.
Appears in 3 contracts
Samples: Securities Agreement (Zoltek Companies Inc), Securities Agreement (Zoltek Companies Inc), Securities Agreement (Zoltek Companies Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by on the applicable Trading Market on the date of exercise.
Appears in 3 contracts
Samples: Warrant Agreement (American Technology Corp /De/), Securities Agreement (Smartserv Online Inc), Securities Agreement (Smartserv Online Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date Date of exerciseExercise.
Appears in 3 contracts
Samples: Financing Agreement (Motorcar Parts America Inc), Financing Agreement (Motorcar Parts America Inc), Securities Agreement (Motorcar Parts America Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported on the over-the-counter market, as reported by the applicable Trading Market OTC Bulletin Board on the date of exercise.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Alfacell Corp), Securities Agreement (Alfacell Corp)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, that would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share the Company’s Common Stock as reported by the applicable Trading Market on the date of exerciseExercise Date.
Appears in 2 contracts
Samples: Securities Purchase Agreement (You on Demand Holdings, Inc.), Warrant Agreement (Beijing Sun Seven Stars Culture Development LTD)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, that would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market trading market on the date of exerciseExercise Date or round up such fractional share to a whole number.
Appears in 2 contracts
Samples: Warrant Agreement (RxBids), Warrant Agreement (RxBids)
No Fractional Shares. No Notwithstanding anything to the contrary contained herein or in any other Transaction Document, no fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, Warrant Shares that would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exerciseTrading Day immediately preceding the Exercise Date.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Olympus Pacific Minerals Inc), Securities Purchase Agreement (Olympus Pacific Minerals Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, that would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the NYSE Amex or other applicable Trading Market trading market on the date of exerciseExercise Date.
Appears in 2 contracts
Samples: Warrant to Purchase Common Stock (Antares Pharma, Inc.), Warrant to Purchase Common Stock (Antares Pharma, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares Stock will be issued in connection with any exercise of this Warranthereunder. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing purchase price per share of one Warrant Share as reported by the applicable Trading Market on the date of exerciseStock.
Appears in 2 contracts
Samples: Warrant Agreement (Superior Drilling Products, Inc.), Warrant Agreement (Principal Solar, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exerciseExercise Date.
Appears in 2 contracts
Samples: Warrant Agreement (NewLead Holdings Ltd.), Warrant Agreement (St. Bernard Software, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will shall be issued in connection with any upon exercise of this any Warrant. In lieu of any fractional shares which would, otherwise be issuable, the The Company shall pay to any Holder who has exercised all or any portion of any Warrant cash in an amount equal to the product any fractional Shares issuable upon exercise of such fraction multiplied Warrant, such amount of cash to be determined by multiplying the closing trading price of one Warrant Share as reported by on the applicable Trading Market on last trading day prior to the date of exercisethe exercise by the amount of the fractional share.
Appears in 2 contracts
Samples: Warrant Agreement (Kti Inc), Warrant Agreement (Kti Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exercise.
Appears in 2 contracts
Samples: Underwriting Agreement (NeuroMetrix, Inc.), Warrant Agreement (NeuroMetrix, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exercise. At the Company’s election, in lieu of any such cash payment by the Company, the aggregate Exercise Price otherwise payable by the Holder in connection with such exercise may be reduced by the amount of such cash payment.
Appears in 2 contracts
Samples: Security Agreement (Ecotality, Inc.), Securities Agreement (Ecotality, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, that would otherwise be issuable, the number of Warrant Shares to be issued shall be rounded down to the next whole number and the Company shall pay the Holder in cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market fair market value (based on the date of exercise.Closing Sale Price) for any such fractional shares.
Appears in 2 contracts
Samples: Warrant Agreement (Parkervision Inc), Warrant Agreement (Parkervision Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this any Warrant. In lieu of any fractional shares which would, otherwise be issuable, the number of Warrant Shares to be issued shall be rounded down to the next whole number and the Company shall pay the Holder in cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market fair market value (based on the date of exerciseClosing Sale Price) for any such fractional shares.
Appears in 2 contracts
Samples: Warrant Agreement (Celator Pharmaceuticals Inc), Warrant Agreement (Celator Pharmaceuticals Inc)
No Fractional Shares. No N fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market trading market on the date of exercise.
Appears in 2 contracts
Samples: Bridge Loan Agreement (Granite City Food & Brewery LTD), Bridge Loan Agreement (Granite City Food & Brewery LTD)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price Closing Price of one Warrant Share Common Stock as reported by on the applicable Trading Market on the date of exercise.
Appears in 2 contracts
Samples: Warrant Agreement (Arotech Corp), Securities Agreement (Arotech Corp)
No Fractional Shares. No fractional shares of Warrant Shares Stock will be issued in connection with any exercise of this Warranthereunder. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price fair market value of one share of Warrant Share as reported by the applicable Trading Market Stock on the date of exercise, as determined in accordance with Section 2(d)(ii).
Appears in 2 contracts
Samples: Warrant Agreement (Affirm Holdings, Inc.), Warrant Agreement (Affirm Holdings, Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exerciseExercise Date.
Appears in 2 contracts
Samples: Loan and Security Agreement (HydroGen CORP), Loan and Security Agreement (HydroGen CORP)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, that would otherwise be issuable, the number of Warrant Shares to be issued shall be rounded down to the next whole number and the Company shall pay the Holder in cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market fair market value (based on the date of exerciseClosing Bid Price) for any such fractional shares.
Appears in 2 contracts
Samples: Credit Agreement (Molecular Templates, Inc.), Equity Commitment (Threshold Pharmaceuticals Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, that would otherwise be issuable, the Number of Warrant Securities to be issued shall be rounded down to the next whole number and the Company shall pay the Holder in cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market fair market value (based on the date of exerciseClosing Sale Price) for any such fractional shares.
Appears in 2 contracts
Samples: Warrant Agreement (Inhibikase Therapeutics, Inc.), Warrant Agreement (Inhibikase Therapeutics, Inc.)
No Fractional Shares. No fractional shares of Warrant Common Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, that would otherwise be issuable, the Company shall pay the Holder an amount of cash equal to the product of such fraction multiplied by the closing price of one Warrant Common Share as reported by the applicable Trading Market on the date principal trading market for the Common Shares on the Date of exerciseExercise.
Appears in 2 contracts
Samples: Warrant Agreement (Sirius International Insurance Group, Ltd.), Warrant Agreement (Sirius International Insurance Group, Ltd.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall either (a) pay cash equal to the product of such fraction multiplied by the closing price Closing Price of one Warrant Share as reported by the applicable Trading Market on the date of exercise; or (b) issue the Holder one (1) additional share of Common Stock in lieu of such fractional share.
Appears in 2 contracts
Samples: Unit Purchase Agreement (Vertex Energy Inc.), Unit Purchase Agreement (Vertex Energy Inc.)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any the exercise of this Warrant. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price fair market value of one Warrant Share as reported by share of the applicable Trading Market on Common Stock (if the shares are publicly traded) or the book value of one share of the Common Stock (if the shares are not publicly traded) upon the date of exercise, as determined in good faith by the Company's Board of Directors.
Appears in 1 contract
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay to Holder cash equal to the product of such fraction multiplied by the closing price Closing Sale Price of one Warrant Share as reported by the applicable Trading Market on the date of exerciseShare Delivery Date.
Appears in 1 contract
Samples: Warrant Agreement (LIGHTBRIDGE Corp)
No Fractional Shares. No fractional shares of Warrant Shares Securities will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares shares, which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share share of Common Stock as reported by the applicable Trading Market on the date of exercise.
Appears in 1 contract
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading NASDAQ Global Market or such other national exchange on which the Common Stock is then traded on the date of exercise.
Appears in 1 contract
Samples: Securities Agreement (Biosante Pharmaceuticals Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by Bloomberg L.P. (or the applicable Trading Market successor to its function of reporting share prices) on the date of exercise.
Appears in 1 contract
No Fractional Shares. No fractional shares of Warrant Shares Stock will be issued in connection with any exercise of this Warranthereunder. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price fair market value of one share of Warrant Share as reported by the applicable Trading Market Stock received on the date of exercise, as determined in good faith by the Company's Board of Directors.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Screaming Media Com Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be -------------------- issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by on the applicable Trading Nasdaq National Market on the date of exercise.
Appears in 1 contract
No Fractional Shares. No fractional shares of Warrant -------------------- Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exercise.
Appears in 1 contract
No Fractional Shares. No fractional shares of Warrant Shares Stock will be issued in connection with any exercise of this Warrantsubscription hereunder. In lieu of any fractional shares which would, that would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exercisePrice.
Appears in 1 contract
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, Warrant Shares that would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exerciseExercise Date.
Appears in 1 contract
Samples: Securities Purchase Agreement (Olympus Pacific Minerals Inc)
No Fractional Shares. No fractional shares of Warrant Shares Securities will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share share of Common Stock as reported by the applicable Trading Market on the date of exercise.
Appears in 1 contract
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing bid price of one Warrant Share as reported by the applicable Trading Market on the date of exercise.
Appears in 1 contract
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by on the applicable principal Trading Market on the date of exercise.
Appears in 1 contract
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, that would otherwise be issuable, the number of Warrant Shares to be issued shall be rounded down to the nearest whole number and the Company shall pay the Holder cash equal to the product of such fraction multiplied by the closing price Closing Sale Price of one Warrant Share as reported by the applicable Trading Market share of Common Stock on the date of exerciseExercise Date.
Appears in 1 contract
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by on the applicable principal Trading Market on the date of exercise.
Appears in 1 contract
No Fractional Shares. No fractional shares of Warrant Shares Stock will be issued in connection with any exercise of this Warranthereunder. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price fair market value of one share of Warrant Share as reported by the applicable Trading Market Stock on the date of exercise, as determined in good faith by the Company's Board of Directors.
Appears in 1 contract
No Fractional Shares. No fractional shares of Warrant -------------------- Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing bid price of one Warrant Share as reported by on the applicable Trading Market American Stock Exchange on the date of exercise.
Appears in 1 contract
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by on the applicable Trading Eligible Market on the date of exercise.
Appears in 1 contract
No Fractional Shares. No fractional shares of Warrant Shares Stock will be issued in connection with any exercise of this Warranthereunder. In lieu of any fractional shares which would, that would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price fair market value of one share of Warrant Share as reported by the applicable Trading Market Stock on the date of exercise, as determined in good faith by the Company's Board of Directors.
Appears in 1 contract
Samples: Warrant Agreement (Smart Online Inc)
No Fractional Shares. No fractional shares This Warrant may not be exercised for a fraction of Warrant Shares will be issued in connection with any exercise of this Warranta share. In lieu of any issuing fractional shares which would, otherwise be issuableshares, the Company shall will pay an amount in cash equal to that fractional interest of the product then current Closing Price per share of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market on the date of exerciseCommon Stock.
Appears in 1 contract
Samples: Warrant Agreement (International Remote Imaging Systems Inc /De/)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any upon exercise of this Warrant. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price Fair Market Value of one Warrant Share as reported by the applicable Trading Market on the date of exerciseShare.
Appears in 1 contract
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this a Warrant. In lieu of any fractional shares Warrant Shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market Price on the date Date of exerciseExercise.
Appears in 1 contract
No Fractional Shares. No fractional shares of Conditional Warrant Shares will be issued in connection with any exercise of this Conditional Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Conditional Warrant Share as reported by the applicable Trading Market on the date of exercise.
Appears in 1 contract
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, that would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price Closing Bid Price of one Warrant Share as reported by on the applicable Trading Market on the date of exerciseExercise Date.
Appears in 1 contract
Samples: Restructuring Agreement (Emisphere Technologies Inc)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by on the applicable Trading Market on the date of exercise.
Appears in 1 contract
Samples: Warrant Agreement (LRAD Corp)
No Fractional Shares. No fractional shares of Warrant Shares will be issued in connection with any exercise of this Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price of one Warrant Share as reported by the applicable Trading Market OTC Bulletin Board® or such other automated quotation system or national exchange on which the date of exerciseCommon Stock is then traded.
Appears in 1 contract
Samples: Securities Agreement (Akorn Inc)
No Fractional Shares. No fractional shares of Warrant Shares will or script representing fractional shares shall be issued in connection with upon the exercise of the Warrant. With respect to any fraction of a Warrant Share required to be issued upon any exercise of this the Warrant. In lieu of any fractional shares which would, otherwise be issuable, the Company shall pay to the Holder an amount in cash equal to the product of such fraction multiplied by the closing price then Fair Market Value of one such Warrant Share as reported by the applicable Trading Market on the date of exerciseShare.
Appears in 1 contract
No Fractional Shares. No fractional shares of Warrant Shares Stock will be -------------------- issued in connection with any exercise of this Warrantsubscription hereunder. In lieu of any fractional shares which would, that would otherwise be issuable, the Company shall pay cash equal to the product of such fraction multiplied by the closing price fair market value of one share of Warrant Share as reported by the applicable Trading Market Stock on the date of exercise, as determined in good faith by the Company's Board of Directors.
Appears in 1 contract
